RELL - Richardson Electronics: Analysts Seem To Have Given Up
More Of The Same, Plus COVID
I have covered Richardson Electronics (RELL) on Seeking Alpha over the past year. The micro-cap electronic component manufacturer operates in three business units: Power and Microwave Technology or PMT, custom video display maker Canvys, and Richardson Healthcare. Most of the company’s sales are in the older technology power grid and microwave tubes which have slow to negative growth. Two of Richardson’s growth opportunities are in the PMT business: semiconductor wafer fab equipment and 5G infrastructure. The third is in the Healthcare business where Richardson has been attempting